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Town of Elk Awards $429,850 Tax Levy Contract to Faribault Economic Development Authority (September 2025)

Town of Elk
Disclosed value
$429,850
From resolution
Approved
Sep 15, 2025
Term
2026

The 30-second brief

What it covers

City of Elk River approves a $429,850 tax levy for the benefit of the City of Elk River Economic Development Authority in 2026.

Who holds it

Faribault Economic Development Authority holds this tax levy contract with Town of Elk. Its other public contracts on record include work for City of Portsmouth and City of Martinsville.

What happens next

Term as filed: 2026.

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Contract details

Contract type
Tax Levy
Amount
$429,850
Document date
September 15, 2025
Term
2026
Vendor
Faribault Economic Development Authority
Agency
Town of Elk
Source document
city-of-elk-river-resolution-25-51-approving-2026-tax-levy_dd7.pdf (Resolution)

Faribault Economic Development Authority's other public contracts

City of Portsmouth, VirginiaCooperation Agreement for Crawford Bay development approved · Jan 27, 2026UndisclosedCity of Martinsville, VirginiaCity approves land conveyance to development authority · Oct 14, 2025UndisclosedCity of Roseville, MinnesotaSpecial Tax Levy Approved for Development Authority · Sep 22, 2025$264.9KGlynn County, GeorgiaEconomic Dev Authority managed loan application process · Aug 21, 2025UndisclosedTown of Clifton Forge, VirginiaClifton Forge invests $50k in real estate acquisition · Aug 12, 2025$50KAll Faribault Economic Development Authority contractsVendor profile

More Town of Elk contracts

COBORNSLand Purchase Agreements with Coborns · Sep 15, 2025UndisclosedPat BriggsPat Briggs proposes new apartment complex development · Sep 15, 2025UndisclosedYMCARecreational Facility Lease approved for YMCA · Sep 15, 2025$9.7MMetlife Inc.MetLife new short-term disability and MN Paid Leave carrier · Sep 15, 2025UndisclosedAflac IncorporatedAflac plans eliminated; Employees may use Aflac directly · Sep 15, 2025UndisclosedAll Town of Elk activityAgency profile

Questions about this contract

Who was awarded the tax levy contract by Town of Elk?

Faribault Economic Development Authority was awarded this tax levy contract by Town of Elk, as recorded on September 15, 2025. The contract value is $429,850.

How much is the Faribault Economic Development Authority contract with Town of Elk worth?

The Faribault Economic Development Authority contract with Town of Elk is valued at $429,850, covering tax levy work.

What type of contract is this?

This is a Tax Levy contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-elk-river-resolution-25-51-approving-2026-tax-levy_dd7.pdf (Resolution), dated September 15, 2025 from Town of Elk. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Faribault Economic Development Authority hold?

Faribault Economic Development Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Elk currently buying?

Explore Town of Elk's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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